Overview

CompatibL has been launched in May of 2003 by Alexander Sokol, founder of NumeriX.

CompatibL’s business is split approximately 50/50 between custom development and product licensing. The company currently has 58 staff. CompatibL is headquartered in Princeton, NJ and has three development centers in Eastern Europe and one in Canada. CompatibL is independently funded and operated and has shown over 50% annual growth over the past 3 years.

Selected Customers

NumeriX

NumeriX has licensed CompatibL’s FreeStyle technology for use in .NET and Java APIs for NumeriX Tools, an innovative class library that offers great flexibility for all aspects of financial instrument pricing and risk management. With FreeStyle, the pioneering user interface of NumeriX tools is now available for .NET and Java developers.

Top International Investment Bank I

A top international investment bank has licensed CompatibL’s FreeStyle technology and engaged a development team from CompatibL to develop a .NET based credit risk desktop application. The team is using CompatibL Generator and CompatibL Studio products to create class definitions in C++ for the server and C# for the client, and to generate binary and XML serialization code which permit serializatio in one programming language and deserialization in another.

Reuters

Reuters is using CompatibL’s class libraries as part of Kondor Global Risk, its premier risk management application. The software from CompatibL is part of the internal calculation engine which KGR uses for performing a variety of data processing and quantitative tasks, including Monte Carlo simulation of risk scenarios and fast deal pricing. CompatibL has worked with Reuters to integrate its libraries into KGR using FreeStyle technology to interface third party trade and market data with their applications.

In addition to using CompatibL’s software as part of the KGR application, Reuters has licensed CompatibL’s FreeTrade data format for adding new deal types and external pricing to KGR. With FreeTrade, the users have multiple choices of how to implement external pricing, which include mapping to FreeTrade hierarchical data model or using their own pricing function.

Top International Investment Bank II

A top international investment bank has licensed CompatibL’s FreeStyle technology for use in a large scale cross-platform development project and is using ComaptibL Generator and CompatibL Studio products as part of their development process.

The World Bank

World Bank has licensed CompatibL Analyzer components and engaged CompatibL to develop a custom .NET application for analyzing portfolio performance based on the Analyzer platform. CompatibL worked togethet with World Bank researchers to impement their algorithms in the code and to combine them with advanced visualization capabilities of the Analyzer product.

Top US Hedge Fund

A top use hedge fund has licensed CompatibL’s FreeStyle and FreeTrade technologies and engaged a development team from CompatibL to develop a .NET based trading application and associated calculation and data server infrastructure. The team is using ComaptibL Generator and CompatibL Studio products to create all of the supporing code for complex data structures used for trade and market data representations.

Technology Partners

NumeriX

As a founding member of the NumeriX Application Development Program (ADP), CompatibL offers value added software and services designed to leverage the capabilities of NumeriX Software.

In addition to partnering with CompatibL through the ADP program, NumeriX has licensed CompatibL’s FreeStyle technology to provide .NET and Java APIs for NumeriX Tools, an innovative class library that offers great flexibility for all aspects of financial instrument pricing and risk management. With FreeStyle, the pioneering user interface of NumeriX tools is now available for .NET and Java developers.

Reuters

Reuters is using CompatibL’s FreeTrade and FreeMarket APIs as the mechanism for adding new deal types and external pricing to Kondor Global Risk, its premier risk management application. With FreeTrade, the users have multiple choices of how to implement external pricing, which include mapping to FreeTrade hierarchical data model or using their own pricing functions.

Company Management

Alexander Sokol is founder and CEO of CompatibL. He is responsible for the company's overall direction and technology strategy.

Eli Litvak is Chief Technology Officer of CompatibL. His responsibilities include managing the company’s entire development staff, including two development centers in the former Soviet Union and one in Canada.

Contact Information

Email, phone, and office location

Copyright © 2006 CompatibL